EasyPark Group intends to acquire Flowbird Group

November 09, 2023

EasyPark Group intends to acquire Flowbird Group

 

 

With the intended acquisition of Flowbird Group, a global mobility player providing integrated parking and transportation solutions, EasyPark Group aspires to become the leading mobility platform provider in the world, further strengthening its commitment to make cities more livable.

EasyPark Group, one of the global leaders in mobile paid parking, serving tens of millions of people around Europe, North America and Australia, intends to acquire Flowbird Group, a global mobility player providing integrated parking and transportation solutions. For the past 40 years, the company has been a long-term partner to thousands of cities and municipalities in over 80 countries.

“The next chapter of EasyPark Group’s growth journey means doubling down on helping cities become more livable. Through a well-suited mix of mobility and transportation services, EasyPark Group will improve urban traffic flow, space utilization and accessibility globally. We will empower our partners to reinvest in the city’s public transportation, urban greenspaces, and safety,” said Cameron Clayton, CEO of EasyPark Group.

 

“Our intended acquisition of Flowbird Group will strengthen our offerings to cities, partners, and users, with a shared commitment to customer satisfaction and driving long-term growth and innovation. This opportunity offers new possibilities for employees at both companies, and we’re excited to be able to welcome Flowbird Group into the EasyPark Group team. Combined, we aim to take greater responsibility for the digitalization of urban mobility and aspire to become the leading global mobility platform provider as soon as the deal is closed,” Clayton said.

Together, with Flowbird Group and their focus on business-to-government services including equipment and transportation solutions, EasyPark Group will increase its reach in thousands of new locations around the world where the company can deploy its award-winning consumer and business-to-business services.

“We look forward to joining forces with EasyPark Group. This highly complementary combination aims to create an integrated player in the mobility space enabling new multi-modal mobility solutions for the benefit of commuters and travelers looking for effortless mobility solutions and sustainable traveling. We are excited to collaborate with EasyPark Group’s leadership team on this fantastic entrepreneurial journey as soon as the deal is closed,” said Frederic Beylier, CEO of Flowbird Group.

Flowbird Group operates under the brands Flowbird, YourParkingSpace, TPARK, Extenso Cloud, and Yellowbrick and offers multiple mobility solutions, covering equipment and services such as pay and display machines, software, and park & charge. Flowbird Group also offers transportation solutions, both within ticketing and open payments for debit and credit cards, as well as mobile wallets.

EasyPark Group has eased parking since 2001 and today, the company helps drivers save time and money by finding and managing parking and electric vehicle charging. It allows businesses, parking operators, property owners and cities to administrate, plan and take data-driven decisions. EasyPark Group owns and develops the apps EasyPark, ParkMobile, RingGo and Park-line and operates in over 4,000 cities across more than 20 countries.

EasyPark Group owners, the investment firms Vitruvian Partners and Verdane, are supporting the intended acquisition and the current owner of Flowbird Group, Searchlight Capital Partners, L.P, has agreed to re-invest most of its capital into EasyPark Group. The deal is subject to customary approvals by relevant authorities and the parties have agreed not to disclose the terms of the transaction.

About EasyPark Group
EasyPark Group is a leading global parking tech company with the vision to make cities more livable. With award-winning technology, EasyPark Group has eased parking since 2001 and today, the company helps drivers save time and money by finding and managing parking and electric vehicle charging. It allows businesses, parking operators, property owners and cities to administrate, plan and take data-driven decisions. EasyPark Group owns and develops the apps EasyPark, ParkMobile, RingGo and Park-line and operates in over 4,000 cities across more than 20 countries. easyparkgroup.com

About Flowbird Group
Flowbird Group solutions are used in 4,350 cities in 80 countries to make journeys effortless. The company’s relentless desire to enable mobility, through frictionless technology, which gives back time to us all, is the driving force behind the innovations. Flowbird Group is dedicated to complete, data-led solutions, which can be used to inform mobility policy and make a positive impact. www.flowbird.group

Passport and Automotus partner to streamline curb management

November 08, 2023

 

 

 

 

 

 

Passport and Automotus partner to streamline curb management

 

Charlotte, N.C.  — Automotus, an emerging innovator in curb management technology, and Passport, the leader in unified parking and curb management, are partnering to transform how cities manage their curbspace. By combining Passport’s industry-leading platform and Automotus’ first-of-its-kind computer vision technology, the companies are providing customers with a more holistic view of their curb and unlocking seamless workflows to support safer, more livable communities.

 

More than 800 cities and private operators across North America trust Passport’s platform to power and operate mobile pay parking, parking enforcement, digital permitting, payments and more. This collaboration will provide Passport clients with access to Automotus’ cutting-edge computer vision technology and Automotus clients with access to Passport’s comprehensive suite of parking and mobility solutions.

 

“In addition to our technology, Passport’s end-to-end parking and mobility management solutions provides our clientbase with a cohesive view of how vehicles are moving throughout their city streets,” says Jordan Justus, Automotus Co-Founder and CEO. “We are excited to partner with Passport and hundreds of cities across the U.S. to connect the dots on curb activity, reduce congestion and support safer streets.”

 

Additionally, multimodal curb and traffic activity data collected through Automotus’ computer vision technology as well as curbside automations are now offered to Passport’s clientbase. The technology, which blurs faces and anonymizes data, can help facilitate numerous goals depending on a city’s needs, including managing loading zones, incentivizing EV adoption, improving parking compliance, generating and analyzing parking and traffic data, and more.

 

“There is very little knowledge of what is happening in loading zones or other places where commercial vehicles park, making it difficult for city leaders to create policy that is impactful and effective,” says Jason Sutton, Passport SVP of Curbside Solutions. “By joining forces with Automotus, we can provide even more insight into curb activity, empowering cities with the data needed to evaluate patterns, identify opportunities and implement policies.”

 

Automotus and Passport already share a portfolio of municipal clients who are in the early stages of implementing the joint Passport and Automotus technologies. This partnership will open up a wide range of opportunities for cities and organizations across the country to implement a comprehensive approach to their curb management needs, obtain valuable data to optimize their operations, and support the evolving parking and curb demand and expectations of the communities they serve.

 

About Automotus

Automotus is the leader in automated curb management, working with cities to make our communities safer, healthier and more accessible by addressing the unprecedented rise in commercial vehicle congestion and emissions. Automotus has developed a first-of-its-kind computer vision technology that’s deployed at the curb to enable automated Smart Loading Zones, which help cities, airports, fleets and small businesses manage curb activity, make data-driven policy decisions and incentivize electric vehicle adoption—all without the need for a parking app or kiosk.

 

About Passport

Passport is the leader in unified parking and curb management. By integrating parking, enforcement and payments into one software solution, Passport is the only platform that brings together the complexities of mobility operations into one view to help cities improve decision-making and efficiencies. From mobile payments to citation issuance, permitting technology and more, Passport is empowering cities of all sizes with better insights to improve parking turnover, expand revenue opportunities, and create more livable communities. Passport is trusted by more than 800 clients across North America.

 

 Propark Mobility Names First Chief Legal Officer, Courtney Keany 

November 08, 2023

 

 

 

Propark Mobility Names First Chief Legal Officer, Courtney Keany 

 

 

Hartford, Conn. – Propark Mobility announced today that the company has promoted Courtney Keany to Chief Legal Officer. 

“Courtney has been instrumental to Propark Mobility’s success over the last decade,” said Propark CEO David Schmid. “With her wealth of experience and keen legal expertise, she has shaped our legal framework and helped us effectively navigate the evolving landscape of the parking management industry. We are thrilled she’s joining the executive board as Chief Legal Officer.” 

Courtney joined Propark in 2013, initially providing part-time legal assistance before transitioning to a full-time role as Director of Legal Affairs. Most recently, she served as Propark’s General Counsel, providing legal advice to the company on a variety of matters, including risk management, litigation, labor and employment, contracts and licenses, and environmental, health, and safety concerns. 

“I’m honored to become Propark’s first Chief Legal Officer,” said Keany. “Throughout my time with the company, I have enjoyed working closely with our nationwide team to meet the legal needs of the industry. I’m grateful for the trust and support that has led to this promotion, and I look forward to collaborating with my fellow board members to continue Propark’s growth during this pivotal moment in its history.” 

As Chief Legal Officer, Courtney will become the first woman to sit on Propark’s executive board. In this role, she will provide legal guidance and innovative solutions that will drive the company forward, align legal and business strategies to enable value creation, guide legal and regulatory matters for Propark, and more. 

About Propark Mobility 

Propark Mobility is a national, innovation-driven parking management company that provides full-service parking and mobility services for over 750 hospitality, healthcare, commercial, and off-airport locations in over 100 cities across the United States. For more information, please visit www.propark.com. 

FLEETCOR® Acquires PayByPhone, a Global Digital Parking Company

November 07, 2023

 

 

 

 

 

FLEETCOR® Acquires PayByPhone, a Global Digital Parking Company

 

Expands Vehicle Payments for Businesses and Consumers

 

ATLANTA –  FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the acquisition of PayByPhone, a global provider of digital parking payment solutions. The acquisition expands FLEETCOR’s vehicle payment solution set for both its fleet customers and consumers.

“We are delighted to announce the PayByPhone acquisition. Our acquisition was driven by two key strategic objectives. First, by providing our customers access to one of the world’s leading parking apps, it helps expand the vehicle payment solutions we provide our B2B fleet customers in North America and Europe.  Second, it will serve as an anchor app for the consumer vehicle payments business we are launching in the UK, where PayByPhone has over 2 million active monthly consumers. Our strategy is to deliver our existing payment products and networks through a single mobile app to PayByPhone’s UK customers. This strategy has already been quite successful in Brazil, and we are excited about the opportunities in the UK, and ultimately, intend to expand the strategy into Europe and North America,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc.

PayByPhone is a leading digital parking payment provider with over 6 million active monthly users who find and pay for parking in a network of more than 1,350 parking operators in North America and Europe. Fleetcor acquired PayByPhone from Volkswagen Financial Services on September 15, 2023.

About FLEETCOR®

FLEETCOR Technologies (NYSE: FLT) is a leading global business payments company that helps businesses spend less by providing innovative solutions that enable and control expense-related purchasing and payment processes. The FLEETCOR portfolio of brands automate, secure, digitize and manage payment transactions on behalf of businesses across more than 100 countries in North America, Latin America, Europe, and Asia Pacific. For more information, please visit www.fleetcor.com.

 

About PayByPhone

PayByPhone is one of the fastest growing mobile payments companies in the world, processing over 200 million payment transactions in 2023. Available in eight countries, PayByPhone helps millions of consumers easily pay for parking without the hassles of coins, lines, or fees. Their smart, intuitive technology is at the center of their user-first approach, delivered to make everything as simple as possible. For more information, please visit www.paybyphone.com.

 

Contacts

Investor Relations
Jim Eglseder, 770-417-4697
Jim.Eglseder@fleetcor.com

 

 Propark Mobility Announces Strategic Joint Venture with Atlantic Transportation 

November 06, 2023

 

Propark Mobility Announces Strategic Joint Venture with Atlantic Transportation 

 

 

Washington, D.C. – Propark Mobility announced today that it has entered a strategic joint venture with Atlantic Transportation, a leader in shuttle services throughout Washington, D.C., Maryland, and Virginia. 

“Both Propark Mobility and Atlantic Transportation strive to deliver five-star shuttle services that prioritize safety, convenience, and customer satisfaction,” said Propark CEO David Schmid. “Through this joint venture, our companies will combine decades of experience and expertise to bring our shared mission to life and set a new standard in parking and transportation services.” 

Atlantic Transportation, a division of Atlantic Services Group, was founded by President and CEO Marty Janis in 1985. Since then, the company has become a leader in transportation services throughout the D.C. metro area. Its fleet of vehicles is utilized within a variety of industries, including Class A office buildings, medical complexes, event parking, and more. This strategic collaboration will leverage Propark’s and Atlantic’s collective strengths to offer seamlessly integrated parking and transportation solutions. Both companies are committed to ensuring a smooth transition for existing clients while welcoming new partners who will benefit from their innovative approach. 

“The Atlantic Transportation team is excited to partner with Propark Mobility to enhance the overall transportation experience for our customers,” said Atlantic Transportation President and CEO Marty Janis. “This collaboration opens up a world of possibilities, allowing us to offer comprehensive solutions that seamlessly integrate parking and shuttle services.” 

This joint venture follows Propark’s recent acquisition of Atlantic Parking, another division of Atlantic Services Group. Atlantic Parking has joined the family of other regional leaders acquired by Propark in the last three years, including Monument Parking in Washington, D.C.; Sovereign Services in Houston, Texas; Pilgrim Parking in Boston, Massachusetts; Imperial Parking Industries, Inc., in Los Angeles, California; and California Parking in San Francisco, California. To learn more about Propark’s acquisition process, visit www.propark.com/acquisitions. 

About Propark Mobility 

Propark Mobility is a national, innovation-driven parking management company that provides full-service parking and mobility services for over 750 hospitality, healthcare, commercial, and off-airport locations in over 100 cities across the United States. For more information, please visit www.propark.com. 

Verra Mobility Named to Fortune 100 Fastest Growing Companies List for 2023

November 06, 2023

Verra Mobility Named to Fortune 100 Fastest Growing Companies List for 2023

 

 

List ranks global companies based on growth in revenue, profits and stock returns over a three-year period

 

 

MESA, Ariz., Nov. 6, 2023  — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced that it has been named to the Fortune 100 Fastest-Growing Companies list for 2023.

Verra Mobility ranked 98th on the prestigious list, which ranks global companies based on growth in revenue, profits and stock returns over a three-year period.

This is the 38th year of the annual listing, which includes global companies across a diverse range of industries, from industrials and energy to technology and finance.

“We are honored to be recognized by Fortune and to be listed among these fast-growing companies,” said David Roberts, President and CEO, Verra Mobility. “This is a testament to our strong market positions, disciplined capital management and talented, dedicated employees around the world. Our customer-centric growth playbook has delivered consistent execution and 23% annualized growth over the past 3 years. Our results are underpinned by a robust standard business system that drives growth, efficiency and talent development.”

Verra Mobility provides a wide portfolio of smart mobility technology for vehicle fleet owners, cities and municipalities, universities and private parking operators. The Company helps improve road safety for communities, simplifies complex payment operations for shared vehicles and makes managing parking operations more efficient.

For more information about the Fortune 100 Fastest-Growing Companies list, please visit fortune.com/ranking/100-fastest-growing-companies.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of the Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company’s press releases, SEC filings and public conference calls and webcasts.

Media Relations: 

Investor Relations:

Eric Krantz 

Mark Zindler

eric.krantz@verramobility.com 

mark.zindler@verramobility.com 

Vend Park Welcomes Tony Albanese as Head of Revenue

November 02, 2023

 

 

 

Vend Park Welcomes Tony Albanese as Head of Revenue

 

This strategic new hire will help continue growth on the heels of additional funding.

 

BOSTON, Nov. 2, 2023  — Vend Park, a leading innovator in Technology-Driven Parking Management, is thrilled to announce the appointment of Tony Albanese as the new Head of Revenue. In his role, Tony will spearhead efforts to collaborate with owners and operators, offering cutting-edge parking technology solutions that eliminate manual processes and reduce maintenance costs traditionally associated with paper-based PARCS systems.

This significant hire comes on the heels of Vend Park’s recent successful funding round, which raised the company’s total funding to $9 million. The financing round garnered support from a combination of existing investors such as Crossbeam Venture Partners, Floating Point Advisors, and Alumni Ventures, and welcomed new contributors, including York Ventures and PagsGroup.

“Tony’s wealth of knowledge in parking and commercial real estate will bring immediate value to Vend and our customer growth,” said Mike Miele, CEO of Vend Park. “We’re excited to add his expertise and leadership to our team as we continue to capture market demand for innovative technology solutions for commercial paid parking locations and grow our business.”

“I’m thrilled to be joining the Vend team at such a pivotal time for the organization,” said Albanese. “Vend is truly unmatched when it comes to innovative technology and value delivery in this space.”

About Vend Park:

As the pioneer in Technology-Driven Parking Management, Vend Park is helping commercial real estate owners put antiquated parking technology and manual operations in the past. Our automated parking management and payments solution digitizes the traditional operator model, using technology to streamline parking management operations, reduce costs, and drive increased revenue. With Vend, you’ll delight your tenants and visitors with seamless digital parking reservations, contactless entry, and intelligent guidance, ensuring a top-notch parking experience. Automated access control and billing, real-time data insights, and 24/7 support allow your staff to focus on more valuable endeavors. Join the ranks of satisfied property owners who have witnessed substantial NOI gains with Vend Park. Schedule a personalized demo today and unlock the full potential of your parking assets.

About Tony Albanese:

Tony Albanese assumes leadership of Vend’s revenue team, overseeing sales, partnerships, and go-to-market strategy. Boasting over two decades of experience in the parking, technology, and commercial real estate sectors, Tony brings extensive expertise and insights into Vend’s target markets. Prior to joining Vend Park, Tony served as Chief Revenue Officer at ParkHub, guiding the company’s growth and strategy from its inaugural customer in 2015 to a successful acquisition by LLR Partners in 2022. Earlier in his career, Tony led leasing, acquisition, and redevelopment teams for several prominent commercial real estate firms, including Ashkenazy Acquisition Corporation in New York and Weitzman/Cencor in Dallas. His outstanding contributions earned him a spot on the Dallas Business Journal’s prestigious “40 under 40” list when he was just 26 years old.

Vend Park is excited to have Tony Albanese join the team, and his wealth of experience is expected to drive further innovation and growth in the parking technology sector.


Lauren Mead
Head of Marketing
lmead@vendpark.io

 

 Propark Mobility Strengthens Washington, D.C. Presence with Acquisition of Atlantic Parking 

November 01, 2023

 

 

 

Propark Mobility Strengthens Washington, D.C. Presence with Acquisition of Atlantic Parking 

 

 

Washington, D.C. – Propark Mobility announced today that it has acquired Atlantic Parking, a prominent parking management company that serves clients and customers in Washington, D.C., Maryland, and Virginia. 

“We are thrilled to welcome Atlantic Parking and Marty Janis to the Propark family,” said David Schmid, CEO of Propark Mobility. “Their commitment to outstanding customer service, technological innovation, and old-school, hands-on parking management mirrors Propark’s own values, making this a natural fit. Together, we will continue to deliver solutions that advance the parking and mobility industry in our nation’s capital.” 

Founded in 1985, Atlantic Parking has long been recognized for its innovative approach to parking solutions within the D.C. metro area. Led by local executive Marty Janis, the Atlantic Parking team has leveraged their unique understanding of the region’s nuances to provide exceptional service across a wide range of verticals, from Class A office buildings and multi-family residential properties to large mixed-use developments and more. The company’s special focus on cutting-edge technology integration and their local knowledge of needs and expectations have driven their growth over the past three decades, establishing Atlantic Parking as a dynamic leader in the industry. 

“Joining forces with Propark Mobility presents an incredible opportunity for our team and clients alike,” said Marty Janis, President and CEO of Atlantic Parking. “Both Propark and Atlantic are steadfastly committed to our clients, customers, and communities, and this synergy will power our ability to best meet their diverse needs. We look forward to achieving new heights with Propark.” 

Atlantic Parking is the latest acquisition by Propark Mobility. The company joins the family of other regional leaders acquired by Propark in the last three years, including Monument Parking in Washington, D.C.; Sovereign Services in Houston, Texas; Pilgrim Parking in Boston, Massachusetts; Imperial Parking Industries, Inc., in Los Angeles, California; and California Parking in San Francisco, California. To learn more about Propark’s acquisition process, visit www.propark.com/acquisitions. 

About Propark Mobility 

Propark Mobility is a national, innovation-driven parking management company that provides full-service parking and mobility services for over 750 hospitality, healthcare, commercial, and off-airport locations in over 100 cities across the United States. For more information, please visit www.propark.com. 

Parkable partners with Engrain to provide parking efficiencies across multi-tenanted buildings

October 30, 2023

Parkable partners with Engrain to provide parking efficiencies across multi-tenanted buildings

 

 

 

DENVER, Oct. 30, 2023 — Parkable, the leading Parking Management Software, has announced an integration with Engrain, a recognized leader in next-generation touring technology and map-based data visualization.

The combination of Parkable’s Multi-Tenant Platform and Engrain’s Unit Map technology will now allow commercial and multifamily property owners and managers to better visualize and understand the utilization of their parking spaces.

Property managers can often find it challenging to manage parking lots shared amongst multiple tenants and residents with the prevalence of vacant spaces, combined with the absence of effective tools to encourage multi-use parking.

There is often a lack of visibility as to how the parking area is used, resulting in the inability to monetize parking and make the best use of the spaces available. The complexity of accommodating how tenants use parking allocations, such as whether they’re workers, guests, or residential parkers, creates further challenges.

The integration of Engrain’s Unit Maps into the Parkable platform creates efficiencies and convenience to parking management. With dynamic maps of car parks now accessible on the Parkable admin panel, property managers can get direct insights into their parking spaces, streamline their parking operations, and maximize revenue.

Through real-time interactivity, the admin panel map accurately mirrors the layout of the car park, with parking spaces color-coded based on their type and status, such as: allocated, occupied, unused, Electric Vehicle, Visitor and more.

The enhanced map experience also lets spaces be easily filtered by specific groups, tenants or types.

“Until now, parking for commercial properties has been a hassle. With many property managers and owners having to shuffle car parking arrangements to secure a new tenant, and manage the day to day of car parking. With the Parkable Multi-Tenant Platform, property managers can easily view, adjust, and confirm parking permits and licenses in one place, making both the initial rent up, and the ongoing operations easy & profitable” says Parkable CEO, Toby Littin.

“Shifting away from traditional management methods like spreadsheets and static maps, this integration directly addresses typical parking pain points,” he says.

“Every real estate software application should have a relevant map, it feels like a no-brainer but it’s surprising how many don’t!” says Engrain CEO, Brent Steiner.  “Our vision is to partner with innovators like Parkable who are solving real estate’s hardest problems by providing map visualization via modern APIs,” he says. “Underutilized and under-monetized parking is both a problem and an opportunity for commercial and multifamily owners and operators and this partnership offers a great option,” says Steiner.

Beyond these benefits, Parkable offers broader advantages.

“Our new Multi-Tenant foundation provides visibility into parking spaces and leases, enabling reporting and management across tenants, reducing administrative time, and maintaining a comprehensive record,” says Littin.   “With this integration, we are a step closer to completely redefining the commercial parking landscape,” he concludes.

About Parkable: 
Parkable is committed to simplifying parking management and enhancing the overall experience. Key benefits include:

  1. Better utilization of parking spaces: Through booking and sharing, Parkable’s integrated platform addresses supply and demand challenges between office occupiers, maximizes parking space usage, reducing vacancies, and boosting revenue from parking assets.
  2. Streamlined parking management: With features and interactive maps on the admin panel, property managers can save valuable time and effort in parking administration.
  3. Enhanced tenant and employee satisfaction: Providing a user-friendly app for tenants and enabling bookings and sharing of unused parking spaces enhances tenant satisfaction and fosters a positive tenant community.
  4. Improved parking efficiency: Parkable’s parking management system automates processes and provides records of service, reducing parking administration.
  5. Data-driven insights: Data and analytics empowers property managers to make informed decisions and improve parking operations.

For more information, go to parkable.com.

About Engrain: 
Engrain is transforming the way people find, lease and manage property. Its leading products are SightMap, an interactive property map platform and TouchTour, a dynamic onsite showcase, and Asset Intelligence, a map-based data visualization tool. Engrain’s advanced integrations and proprietary mapping technology offer solutions for any real estate technology stack.
The company is headquartered in Denver, Colorado. For more information, go to engrain.com.

Note: The details and information provided in this press release are accurate as of the date of release. Further updates and relevant information may be available on the official website of Parkable at www.parkable.com. 

Media Contact:
Morgan Dzak
morgan@linnelltaylor.com

Conduent Transportation Selected by Reading Borough Council, UK, to Provide Parking Enforcement Services

October 27, 2023

Conduent Transportation Selected by Reading Borough Council, UK, to Provide Parking Enforcement Services

Conduent will provide on- and off-street parking civil enforcement officers while managing on- and off-street pay and display machines

Contract marks an important expansion of Conduent’s parking enforcement services in the UK

FLORHAM PARK, N.J., Oct. 26, 2023 — Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced its selection by Reading Borough Council in the UK to provide on- and off-street parking enforcement services. The contract, initially for a four-year term, begins in November.

Conduent will provide Reading Borough Council with on- and off-street parking civil enforcement officers (CEOs) to oversee parking compliance while managing on- and off-street pay and display machines. Conduent will also deploy technology and data analytics to make parking management more efficient and effective in the borough, approximately 40 miles west of London. Conduent will retain the existing team and, with natural attrition, will focus on hiring full-time employees from the local area, 12 of which being long-term unemployed.

“We are committed to creating the best value and good quality services for our residents,” said Councilor John Ennis, Lead Councilor for Climate Strategy and Transport at Reading Borough Council. “This contract will carry out an essential service to make our streets safe, free-flowing and make parking convenient for the residents who live here, which are fantastic benefits. The commitment to employ local people and those who are long-term unemployed makes this contract beneficial for so many people in Reading.”

“This new contract marks an expansion of Conduent’s parking enforcement services in the UK,” said Adam Appleby, President, Transportation Solutions at Conduent. “Our solution embraces the use of our people, technology and data analytics to provide an efficient and effective service to Reading Borough Council as it seeks to continuously improve the quality of service it delivers to all stakeholders.”

In 2020, Conduent was selected by Oxfordshire County Council to provide on-street parking enforcement services. In addition, late last year, Conduent began training its on-street parking CEOs to become the first in the country to participate in the “Ask for Angela” campaign , to help vulnerable members of the public in dangerous or uncomfortable situations. Conduent’s CEOs in Reading will also be trained to participate in the Ask for Angela campaign.

Conduent Transportation is a leading provider of automated and analytics-based smart mobility solutions for government agencies. These solutions, spanning roadway charging and management, parking and curbside management , and advanced transit and public safety systems, enable streamlined and personalized services for citizens and travelers who use them. The company has been helping transportation clients for more than 50 years and operates in more than 20 countries.

About Conduent
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum — creating exceptional outcomes for its clients and the millions of people who count on them. The company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global team of approximately 60,000 associates, process expertise and advanced technologies, Conduent solutions and services digitally transform its clients’ operations to enhance customer experiences, improve performance, increase efficiencies and reduce costs. Conduent adds momentum to its clients’ missions in many ways, including delivering 43% of nutrition assistance payments in the U.S., enabling 1.3 billion customer service interactions annually, empowering millions of employees through HR services every year and processing nearly 12 million tolling transactions every day. Learn more at www.conduent.com .

Note: To receive RSS news feeds, visit www.news.conduent.com . For open commentary, industry perspectives and views, visit http://twitter.com/Conduent , http://www.linkedin.com/company/conduent or http://www.facebook.com/Conduent .

Trademarks
Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners.

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